Economic integration is the bind of economic policies between different states through the partial or full abolition of tariff and non-tariff restrictions on trade taking place among them prior to their integration. (Balassa, 1967) The focus of economic integration is to lower the costs for both consumers and producers, as well as to increase trade… View Article

·Political factors: · government type: Vietnam is known as a Socialist Republic. · freedom on economy: Vietnam has not high economic freedom, which score is 51.0. Even though the index of Vietnam can not compare with western developed countries’, however since 1986 the government implement open-door to the outsider world policy, making Vietnam becoming to… View Article

Introduction The Association of South East Asian nation (ASEAN) is an Organisation formed by the East Asian nations in 1967. These nations include Indonesia, Malaysia, Philippines, Singapore, and Thailand which were the first five members state that formed the Association and later were joined by other smaller and weaker states such as; Brunei Darussalam, Cambodia,… View Article

Introduction The ASEAN agreement to implement the ASEAN Economic Community (AEC) in 2015 is a rational approach in order to be the largest economic development in the developing world (Asian Development Bank (ADB) 2010; Austria 2012). However, it seems likely to have both beneficial and negative aspects. Although a GDP per capita of Thailand is… View Article

ASEAN, “One vision, one identity, one community” As ASEAN member, I am aware of ASEAN history. It started on August 8, 1967 with 5 countries: Indonesia, Malaysia, Philippines, Singapore and Thailand, but it turned into 10 after years of success: Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. Since then, these… View Article

The ASEAN Summit is an annual meeting held by the member of the Association of Southeast Asian Nations in relation to economic, and cultural development of Southeast Asian countries.[2]The league of ASEAN is currently connected with other countries who aimed to participate on the missions and visions of the league. Apparently, the league is conducting… View Article